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1 min read

MobiKwik gains market share, becomes largest Wallet player

MobiKwik on Monday said it has become the largest digital financial services platform in terms of P…

PTI   


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2 mins read

JioBharat captures 50% market share in sub-Rs 1,000 segment: Reliance annual report

Launched with the mission to empower every Indian with digital services, JioBharat has marked a sig…

ANI   


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4 mins read

India to introduce UPI payment service in Maldives

"Witnessed signing of MoU between (the) National Payments Corporation of India and (the) Minist…

PTI   


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Daily digital transactions in India via UPI equivalent to population of EU, highlights PM Modi

In the first 20 days of August alone, India recorded a staggering 9,840.14 million UPI transactions…

ANI   


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UPI transactions cross Rs 20 trillion for third successive month, in July 2024

Payments through the Unified Payments Interface (UPI) reported a 45% growth, as per the data made a…

ANI   


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3 mins read

India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report

Several enabling forces have come together to energise this revolution. Although internet penetrati…

PTI   


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1 min read

Global cyber outage: Banks, payments systems unaffected by Microsoft outage

HDFC Bank, the biggest among the private sector lenders, also said that it has not faced any impact…

PTI   


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India's non-cash payments on e-commerce platforms surge to 58.1% in 2023

India has made rapid strides in terms of alternative payment share for e-commerce payments in the A…

ANI   


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4 mins read

India’s wearables market decline for the first time as smartwatch shipments fall

The Indian wearables market has declined for the first time ever, recording a 10% decline in shipme…

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2 mins read

Size does matter: Debit cards for large payments & UPI for smaller ones

Indians have gotten habituated to fishing out their phones instead of cards, and that’s been fuelli…

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2 mins read

Indian policy makers are not happy that 8 out of 10 UPI transactions are being done through PhonePe and Google Pay

While there are over 50 third-party UPI apps, PhonePe and Google Pay account for over 81% of t…

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2 mins read

In a relief to PhonePe and Google Pay, UPI apps may get more time to comply with the 30% cap on market share

This will come as a huge relief to apps such as PhonePe and Google Pay that currently dominate…

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2 mins read

UPI set to drive festive sales this year, electronics to be top choice again: Report

Driven by UPI-based transactions, about 81 per cent of consumers intend to shop online during this …

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1 min read

Indians spent big on festive season sales, UPI transaction up 40% in Oct: Report

Consumer spending in India is soaring during the festive season, with people splurging on cars, sma…

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2 mins read

Tamil Nadu's Katpadi is the fastest growing city for digital payments: Paytm report

Delhi-NCR has emerged as India's digital payments capital whereas Tamil Nadu's Katpadi is the faste…

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2 mins read

Google for India – Sachet loans to credit on UPI, tech giant bets on lending

Search giant Google has made several major announcements for India at their annual Google for India…

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2 mins read

Markets end FY24 on buoyant note amid positive global cues

The NSE Nifty climbed 203.25 points or 0.92 per cent to end at 22,326.90. In the 2023-24 fin…

PTI   


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3 mins read

India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030

India's e-commerce market is projected to cross USD 300 billion by 2030, driven by a growing digita…

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1 min read

Paytm UPI Lite – a game changer in mobile payments for small value transactions

Users can do instant transactions of up to ₹200 in a single click making the entire experi…

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3 mins read

Here’s how Paytm built a scalable, revenue-generating UPI model with focus on merchant payments

Paytm’s focus on subscription services to create additional payment monetization continues to ex…